Payments

The payments landscape for community banks is changing rapidly as traditional payments converge with new instant payment systems and emerging cryptocurrencies. It is critical for Community Banks to maintain awareness of developments in the payments space to assess new opportunities, mitigate risks, and ensure that their payment strategy aligns with overall business plans.

Payments News

ICBA, groups urge Congress to oppose credit card routing mandates

Jun 12, 2023 | NewsWatch Today
ICBA and other groups called on congressional leaders to oppose newly reintroduced legislation to impose routing mandates on credit card transactions.

ICBA commends Fed’s Bowman on guidance recommendations

Jun 8, 2023 | NewsWatch Today
ICBA commended Federal Reserve Governor Michelle Bowman for her recommendations to improve newly released interagency guidance on third-party risk management.

ICBA Strongly Opposes Anti-Consumer Credit Card Bill

Jun 7, 2023 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s introduction of legislation to impose routing restrictions on credit card transactions.